Avadh Sugar & Energy Ltd Clarifies Significant Price Movement of Equity Shares

Avadh Sugar & Energy Ltd has clarified the significant movement in the price of its equity shares in the recent past. The company confirmed its compliance with Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. All material information/events have been duly intimated to the Stock Exchanges within the prescribed timelines. The company stated that no event has occurred that requires disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015. The significant movement in price appears to be market-driven.